Question
SCF Problem SCF Template Pathway Corporation Final Statement of Cash Flows 7/1/21 6/30/22 Debit Credit Debit Credit Cash 160 585 Accounts receivable 280 225
SCF Problem SCF Template Pathway Corporation Final Statement of Cash Flows 7/1/21 6/30/22 Debit Credit Debit Credit Cash 160 585 Accounts receivable 280 225 Investments 590 640 Property and equipment, net of 2,000 accumulated depreciation 2,165 Accounts payable 490 780 Deferred revenue 150 125 Notes payable Common stock Retained earnings 710 980 500 750 1,180 980 3,030 3,030 3,615 3,615 Also assume: (1) Investments in equity securities were purchased for $260, and there were no sales of investments during the year. (2) Property and equipment was purchased during the year for $650. (3) Equipment with a net book value of $295 was sold for $250. (4) Notes payable were repaid in the amount of $210. (5) Dividends of $25 were declared and paid.
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